India is home to more poor people than any country in the world, a fact that stands in mute challenge to its ambitions as an emerging world power.
rural poor
Investment In Infrastructures, Necessary To Enhance Credit Impact In Alleviating Poverty
Research by the International Food Policy Research Institute (IFPRI) in a variety of rural financial systems suggests that local approaches work best and that traditional banking practices don’t work for the rural poor because there is no leeway in providing financial services to the poor that applies in every location.